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Quarter of Nonprofits Feel Impacts of Tax Reform

Colorado Nonprofit Association collected data from over 100 nonprofits through its Year In Review Survey. The survey asked nonprofits to self-report how their organizations fared in 2018 and what is expected in 2019. Below are the findings from the survey that provide a snapshot of Colorado's nonprofit sector.

Half of the nonprofit respondents (49 percent) expect to try new fundraising strategies in 2019, and another 40 percent expect to create a new program or service.

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Majority of nonprofits (76 percent) reported an increase - somewhat and significant - in demand for services in 2018.

Nonprofits with budgets between $500,000 and $749,999 were more likely to experience a significant increase in demand for services.

Nonprofits related to mental health and crisis intervention were also more likely to experience significant increases in demand for services than other nonprofits.

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Majority of nonprofits (89 percent) are familiar - whether somewhat or very - with the tax reform and its potential impact on individual donations.

However, for most nonprofits (75 percent) it's still too early to feel any impacts of the tax reform. There are a handful of nonprofits (14 percent) that already changed strategies in response to the tax reform, more specifically changes to marketing and appeals.

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More than half of the nonprofits (61 percent) indicated that they took part in an advocacy activity the past year.

The most common advocacy activity by nonprofit respondents was contacting or meeting with an elected official, legislator, etc.

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Majority of nonprofits (89 percent) are optimistic when looking ahead to 2019.